Jefferies Raises Numbers on Acadia Healthcare (ACHC)

Jefferies raised estiamtes and its price target on Buy-rated Acadia Healthcare (NASDAQ: ACHC) from $13 to $18.

The firm comments, "ACHC is one of the few companies in our coverage list with substantial growth characteristics. Through a combination of acute inpatient psychiatric bed expansion/conversions, improved pricing and operating efficiencies, and acquisitions, ACHC is well positioned to grow earnings north of 25% over the next 3-5 years."

FY12 EPS goes up from $0.47 to $0.67 and FY13 from $0.60 to $0.96.

For an analyst ratings summary and ratings history on Acadia Healthcare click here. For more ratings news on Acadia Healthcare click here.

Shares of Acadia Healthcare closed at $14.89 yesterday.

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